China’s bond yield topped 4 per cent last week, up by about 50 basis points in two months. That clearly reflects a tightening monetary stance. Meanwhile, China’s nominal gross domestic product growth rate accelerated to…
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China’s November factory growth seen slowing slightly
Beijing’s ongoing crackdown on riskier forms of financing is also slowly driving up borrowing costs, which is expected to weigh on investment and other business activity. Growth in China’s exports also eased in October, with…
China Cross-border Investments Continue to Rise
“Acquisitions have a tendency to disrupt business momentum and can drag on without generating the expected synergies, which could lead to compromised long-term strategic positioning,” says Victor Chen, director of M&A Consulting at Deloitte China.…
China’s wealth inheritors: Entrepreneurial, educated, less materialistic
China Europe International Business School (CEIBS) released a white paper to describe China’s second-generation inheritors of family business on Saturday. Based on 521 questionnaires collected by the white paper, 44 percent of these inheritors are…
China racing for AI military edge over U.S.: report
Some machine learning technology is already being applied to a Pentagon project that aims to have computers help sift through drone footage, reducing the work for human analysts. China’s People’s Liberation Army is also investing…
Hot or Not? Probably the Latter for This IPO
Earlier this month, China outlined plans to regulate the boom in wealth-management … Shandong International Trust IPO $450 million They won’t be able to invest in credit assets sold by their peers; they’ll have to…
China’s Shandong International Trust makes history, raising up to US$450m in Hong Kong IPO
Shandong International Trust on Monday became the first trust from China to launch an initial public offering in Hong Kong of 647 million shares to raise as much as HK$3.51 billion (US$450 million). The stock,…
Beijing’s mass evictions have kicked out tens of thousands in the name of ‘safety’
Law enforcement officers seal a hotel during a citywide safety inspection after a deadly fire in an apartment block, in Beijing, China November 22, 2017. REUTERS/Stringer Tens of thousands of Beijing residents have been forced…
China regulator suspends approval of HK-focused funds: China Fund
SHANGHAI (Reuters) – China’s securities regulator has suspended approval of Hong Kong-focused mutual funds, according to the industry newspaper China Fund, potentially slowing the pace of Chinese money into Hong Kong stocks. New funds with…
ICBC Teams Up With JD.com to Offer Digital Banking Services
Customers will be able to request credit services such as proof-of-deposit slips through the online platform, the Beijing-based bank said in a statement Monday. The logistics unit of JD.com will deliver the documents to the…
PC smash hit PlayerUnknown’s Battlegrounds officially coming to mobile… in China
The best way to stay connected to the Android pulse. Our main newsletter is the Android Weekly which is sent every Sunday and contains all the top Android news, reviews and features from the past…
In AI Technology Race, U.S. Chips May Be Ace-In-The-Hole Vs. China
Yes, China has many strengths as it sets out for worldwide dominance in AI technology. Its internet giants Baidu (BIDU), Alibaba Group Holdings (BABA) and Tencent Holdings (TCEHY) are also pouring money into AI research…
China’s tech giants reach global elite with gamers, shoppers
Tencent and Alibaba do have a major advantage over American rivals because China severely restricts access to its internet, with Facebook and Google kept outside the “Great Firewall”. But they have also deftly tapped into…
